HD Hyundai Marine Engine has reportedly signed a supply contract worth 109 billion won, and on the morning of the 29th, its stock price is strong with an increase of 8%.

The trial operation of the LNG carrier. /Courtesy of HD Hyundai

As of 10:07 a.m. on the 29th, HD Hyundai Marine Engine is trading at 43,350 won, up 3,500 won (8.78%) compared to the previous trading day in the securities market.

On the morning of this day, HD Hyundai Marine Engine announced that it has signed a supply contract for marine engines with HD Hyundai Mipo. The contract amount is 10,902,228,000 won, which is 34.5% of last year's sales.

The contract period is from this day until July 12, 2027. HD Hyundai Marine Engine noted that "the contract period may change depending on the shipbuilding schedule of the counterpart shipyard."

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